World | Asia

Sony, Toyota among Japanese companies closing factories after earthquake
Friday, March 11
Companies including Sony Corp. And Toyota Motor Corp. halted output at plants after an 8.9- magnitude earthquake struck off the coast of Japan, damaging production facilities and causing power outages.
Thursday, March 10
Between 1991 and 2002, capital from Mauritius accounted for nearly 40% of India’s foreign direct investment. Yet while Indian, and increasingly Chinese, multinationals have used Mauritius for round-tripping purposes, it is also a gateway for those wishing to springboard into Africa.
The Mauritius Miracle by Joseph E. Stiglitz
Wednesday, March 09
Mauritius, a small island nation off the east coast of Africa, is neither particularly rich nor on its way to budgetary ruin. Nonetheless, it has spent the last decades successfully building a diverse economy, a democratic political system, and a strong social safety net. Many countries, not least the US, could learn from its experience.
Thursday, February 24
It was emphasized that concrete programmes should be put in place to create synergies between the business community of the two countries. The Mauritian side showed keen interest in establishing cooperation with light engineering industry as well as the handicraft sector of Pakistan. Both the sides discussed the draft framework agreement for trade in services.
Taiwan and China open historic trade meeting
Thursday, February 24
Delegates from Taiwan and China met on Tuesday to discuss issues arising from a sweeping trade pact that has set the stage for unprecedented economic interaction between the two sides.
Tuesday, February 22
Indonesia’s rupiah rose on Monday, trading near the strongest level in more than three years on speculation the central bank will raise interest rates when it reviews monetary policy next month.
Monday, February 21
Private Indian universities setting up campuses in Mauritius are helping the island nation off the African coast realise its vision of transforming into a knowledge hub.
Monday, February 21
A high level delegation from Mauritius,headed by Foreign Secretary of Mauritius A.P.Neewoorand, Director Trade Policy Asad A.Bhuglah, representatives of Chambers of Commerce and Industry, and Business Councilis are visiting Pakistan for a three days official visit. The delegation will call on the Minister of Commerce and hold in depth negotiations with officials to further expand Preferential Trade Agreement signed between two countries in 2007.
Monday, February 21
The 21st dinner of the Mauritius Chamber of Commerce and Industry (MCCI) was held at the Hilton at Flic en Flac. During the dinner, the importance of regional co-operation was discussed.
Monday, February 21
Gross domestic product grew at a quarterly rate of 1.2% in the last three months of 2010. Thailand's economy had contracted by 0.6% during the Q2 and by 0.3% in Q3, putting it into a technical recession.
 

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